Minden companys required rate of return is 10 the company

Reference no: EM13581643

.Minden Company's required rate of return is 10%. The company can purchase a new machine at a cost of $40,500. The new machine would generate cash inflows of $18,000 per year and have a three-year life with no salvage value. Compute the machine's net present value. (Round discount factor(s) to 3 decimal places, intermediate and final answers to the nearest dollar amount. Negative amount should be indicated with minus sign. Omit the "tiny_mce_markerquot; sign in your response.

Reference no: EM13581643

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